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May 2, 2017

FXPRIMUS, This week's Economic News & Events! Focus on US NFP and UK/Eurozone PMI Data

The Biggest Market Movers This Week With FXPRIMUS.

This article is originally referred from FXPrimus News.

THIS WEEK’S INDICATORS

This week is expected to be a reasonably quiet week in the financial markets, with a focus on UK and Eurozone PMI data as well as this Friday’s US Nonfarm Payrolls.

Our experts have extracted what they believe to be the most important financial indicators of the week, and enclose them here, in an easy-to-read format helping you to tailor your trading strategy so that you don’t miss a trading opportunity.

MONDAY

  • PMI data is the main focus today.
  • Eurozone will release PMI manufacturing final.
  • Eurozone will also release unemployment rate.

TUESDAY

  • The UK is to release PMI Manufacturing data.

WEDNESDAY

Financial markets in Japan are closed for holidays, USDJPY is expected to remain choppy.

  • New Zealand is to publish unemployment and employment data, where unemployment is expected to fall.
  • The UK is to release data on PMI Constructions.
  • The US will release the ADP employment data and later in the day ISM manufacturing.
  • FED to announce it is interest rate decision and policy, markets expected to be volatile. (FOMC)

THURSDAY

Holiday in Japan, USDJPY to remain choppy.

  • The UK is to release data on service sector activity.
  • Weekly jobless claims will be released from the US.

FRIDAY

  • Main data is the NFP data and unemployment from the US. Expected to increase to 194k.
Date Time Country Impact Event Name Actual Forecast Previous
May 2nd, Tuesday 02:50 Japan ★★★ Monetary Base 462.2tn JPY 447.3tn JPY
May 2nd, Tuesday 02:50 Japan ★★★ BoJ Monetary Policy Meeting Minutes
May 2nd, Tuesday 03:20 Japan ★★★ BoJ Kuroda speaks at Global Think Tank Summit in Yokohama
May 2nd, Tuesday 07:30 Australia ★★★ RBA Interest Rate Decision 1.5% 1.5% 1.5%
May 2nd, Tuesday 10:50 France ★★★ Markit Manufacturing PMI 55.1 55.1
May 2nd, Tuesday 10:55 Germany ★★★ Markit Manufacturing PMI 58.2 58.2
May 2nd, Tuesday 11:00 EU ★★★ Markit Manufacturing PMI 56.8 56.8
May 2nd, Tuesday 11:30 UK ★★★ Markit Manufacturing PMI 54.0 54.2
May 2nd, Tuesday 12:30 Australia ★★★ Budget Release
May 2nd, Tuesday 19:00 Italy ★★★ New Car Registration 18.165
May 3rd, Wednesday 10:55 Germany ★★★ Unemployment Change -30.00

FXPrimus Official Website

Original Source: FXPrimus News

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